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senate confirmation vote on janet yellen, we will discuss what janet yellen and her appointment means for the u.s. and the global economy. theirnate begins confirmation vote. ♪ >> from cold weather we progressed to the u.s. senate. it is voting on the nomination of janet yellen to head the federal reserve. she would be the 15th chairman and the first woman to head the central bank. joining me now to discuss what her nomination means for the u.s. and our economy, alice , former vice chairman of the fed. stephen oliner. what do you know about janet yellen, what kind of federal reserve chief would she make? >> you will be a great chief. i really supported her nomination from the beginning. nobody could possibly be better prepared for the job than janet is going to be. she has been the vice chair of the fed for the past four years. she had been an important architect of the policies that the fed has been pursuing. she has the right temperament for the job. she is reality cold. thereally focuses on problem at hand. she is very careful and she has great judgment. i expect good things from
senate confirmation vote on janet yellen, we will discuss what janet yellen and her appointment means for the u.s. and the global economy. theirnate begins confirmation vote. ♪ >> from cold weather we progressed to the u.s. senate. it is voting on the nomination of janet yellen to head the federal reserve. she would be the 15th chairman and the first woman to head the central bank. joining me now to discuss what her nomination means for the u.s. and our economy, alice , former vice...
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dealing with issues like unemployment insurance and the nomination of janet yellen. and that arctic winter blast has a lot of you shaking in your boots. those state officials in utah who oppose gay marriage winning a victory in court, at least for now. putting a stop to same sex marriages, putting a stop to the decision, this is the rowe v wade decision of the 21st century. why? >> those that feel it is a federal constitutional right to marry, as many say it is your federal right to choose, left to the state to determine whether gay people have the right to marry. it is that old tension we have between federal and state rights. >> sonia sotomayor, is it just the luck of the draw? >> federal justices divvy up the districts, this is a procedural decision she's made. they just stayed the law and the judge has made the decision in the state of utah. and she said everybody hold on while this appeal proceeds. the law will remain as it is in the state of utah. they haven't decided anything substantively in the u.s. supreme court, although i predict they will. >> what happen
dealing with issues like unemployment insurance and the nomination of janet yellen. and that arctic winter blast has a lot of you shaking in your boots. those state officials in utah who oppose gay marriage winning a victory in court, at least for now. putting a stop to same sex marriages, putting a stop to the decision, this is the rowe v wade decision of the 21st century. why? >> those that feel it is a federal constitutional right to marry, as many say it is your federal right to...
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will janet yellen stay on the bernanke path or cut a new one on her own? the man with all things fed, "wall treet journal's" jon hilsenrath the fed reporter. >> happy new year. david: happy new year. we have a lost opposition. not enough to knock down the nomination. she will be confirmed but we've never seen this much opposition before. is it against her personally or is this some kind of a vote against the fed? >> well, i think it would be, you would call it a vote against the fed. let's not forget when bernanke was renominated by barack obama four years ago he faced a lot of opposition and fed and white house had to fight really hard to keep him in the job. i think what we're seeing is more of that. particularly from republicans who are unhappy with a lot of unconventional things the fed has done under bernanke's tenure. david: is it going to affect janet yellen in any way? will she take that as a message? >> no, i on't think it will affect her. i think she will be confirmed. and the opposition that is, that is more of an issue for her is not what she s
will janet yellen stay on the bernanke path or cut a new one on her own? the man with all things fed, "wall treet journal's" jon hilsenrath the fed reporter. >> happy new year. david: happy new year. we have a lost opposition. not enough to knock down the nomination. she will be confirmed but we've never seen this much opposition before. is it against her personally or is this some kind of a vote against the fed? >> well, i think it would be, you would call it a vote...
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, the senate is expected to vote to confirm yellen as chairman later this afternoon. >> janet yellen's great task for the next few years is to try to achieve what ben bernanke hasn't, which is to full-fledge durable sustainable recovery. we are not there yet, but thanks to ben bernanke we are closer than we would have been. >> the jp morgan chase is said to be close to a deal in the berni madoff case. >>> t-mobile is writing a big check to verizon. the deal is worth more than $3 billion. the money will be spent on some of what is called the spectrum licenses owned by verizon. it will cover 150 million people in several major cities including new york, los angeles, washington, d.c. >> today and now declaring unconditional war on poverty. >> lbj declaring his war on poverty. >>> and it's not just a fashion statement, this new pair of gloves will make it safer for you to ride your bike. >> welcome back to al jazeera america. i'm del walters. here are today's headlines. the supreme court entering the gay marriage debate. jusin utah same-sex marriage bee legal when a judge struck down a vot
, the senate is expected to vote to confirm yellen as chairman later this afternoon. >> janet yellen's great task for the next few years is to try to achieve what ben bernanke hasn't, which is to full-fledge durable sustainable recovery. we are not there yet, but thanks to ben bernanke we are closer than we would have been. >> the jp morgan chase is said to be close to a deal in the berni madoff case. >>> t-mobile is writing a big check to verizon. the deal is worth more...
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when yellen is -- janet yellen is confirmed in an hour or so, what do you see as her top challenges? >> the biggest thing is to try and figure out how they're going to unwind this program of monetary easing. they began tapering their $83 billion a month in bond purchasing. they will slow down how much money the federal reserve is injecting into the u.s. economy. the question is how do you pull that off? can you avoid financial bubbles even as the economy remains weak. >> what, an inflation bubble, spike in interest rates? >> you know there's risks on all sides. one of the risks, if you move too fast do interest rates spike? do you see a slow down in the economy? what momentum we do have in this slow recovery, petering out too fast. on the other hand, if they move too slow, you have seen this 30% rally in the stock market in the first year, at what point do we get into the issues of financial bubbles whereas, instead of simulating the economy you are just paving the groundwork for next crisis. >> we hear senator warren say that the big banks have only gotten bigger in that time. >> ja
when yellen is -- janet yellen is confirmed in an hour or so, what do you see as her top challenges? >> the biggest thing is to try and figure out how they're going to unwind this program of monetary easing. they began tapering their $83 billion a month in bond purchasing. they will slow down how much money the federal reserve is injecting into the u.s. economy. the question is how do you pull that off? can you avoid financial bubbles even as the economy remains weak. >> what, an...
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gerri: moments ago, janet yellen confirmed by the senate. the next leader of the federal reserve taking up the reins from ben bernanke, the first woman to lead the bank. she starts february 1st. a vote by the full senate. this comes as no surprise. that is her with the white here right there. she will take his spot. pretty interesting to see how it affects the markets. joining me now, talking about housing and dug from lending tree, ceo. i want to your reaction. the as a make a big difference. he did a good job navigating all the issues. gerri: and we have not seen a lot of that. a lot of people very worried about what will happen. four and a half percent right now. the rates are going to be probably north of 5%. >> but not substantially north. housing costs strives affordability. start-up a big effect. interest rates call the shots. we have not seen that for years. >> i think we're going to get back to that for a long time. homes are still affordable. government regulations are, for the most part, coming down and fairly certain. at the pari
gerri: moments ago, janet yellen confirmed by the senate. the next leader of the federal reserve taking up the reins from ben bernanke, the first woman to lead the bank. she starts february 1st. a vote by the full senate. this comes as no surprise. that is her with the white here right there. she will take his spot. pretty interesting to see how it affects the markets. joining me now, talking about housing and dug from lending tree, ceo. i want to your reaction. the as a make a big difference....
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we expect janet yellen will be confirmed as the federal reserve chair. we expect there could be a large number of no votes. as many as 30. that's the high water mark for no votes for a fed chair nominee. we think that janet yellen might get 30, possibly more no votes here today. nonetheless, it won't be enough to stop her. we expect that she will go through here. you have to keep an eye on these things. it's the senate. >> we do. thanks for that. not packed like that senate chamber is empty. josh, you're gearing up for this vote for some time. >> i am. >> you're all decked out. >> i would like to point out any janet yellen tie, made by vineyard vines. it's a gift. and it's got janet riding a dove. and there's a magic wand, creating money out of thin air. along with the donkey and the elephant battling it out. it sums up the market view. thank you for this beautiful tie. >> thanks. >>> apple downgrade -- >> anybody else any other shameless plugs? b.k., you got a bitcoin deal? this is fantastic. >> are you getting paid? >> why am i supposed to say. >> you
we expect janet yellen will be confirmed as the federal reserve chair. we expect there could be a large number of no votes. as many as 30. that's the high water mark for no votes for a fed chair nominee. we think that janet yellen might get 30, possibly more no votes here today. nonetheless, it won't be enough to stop her. we expect that she will go through here. you have to keep an eye on these things. it's the senate. >> we do. thanks for that. not packed like that senate chamber is...
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to vote to confirm janet yellen as the first female fed chair. on january 15. that is the day congress has to come to an agreement where it could be another potential government shutdown. a lot of analyst do-nothing congress has the stomach for another shutdown. he will not know for sure -- we will not know for sure until then. tonight outside the capital, tom roussey, abc 7 news. >> coming up on washington weekly, our guest from politico will provide more insight on what president obama will try to achieve in the new year. handr president will be on . are clinton and his wife close friends and political auliffe.f mc it is not clear they will play any special role in the ceremony. loved ones are holding out for a missing american student to turn out alive. he disappeared and new year's day while diving off the coast of dubai. friends updated a facebook page to try to help fund rescue efforts. former attempts to search for him may not happen. a spokesperson says the u.s. cannot handle the case because he isn't all jerry and citizen. -- he is an al
to vote to confirm janet yellen as the first female fed chair. on january 15. that is the day congress has to come to an agreement where it could be another potential government shutdown. a lot of analyst do-nothing congress has the stomach for another shutdown. he will not know for sure -- we will not know for sure until then. tonight outside the capital, tom roussey, abc 7 news. >> coming up on washington weekly, our guest from politico will provide more insight on what president obama...
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janet yellen would be the first woman to lead the fed and its 100 year history. the airline is shutting down servers to four major airports because of the dangers cold temperatures. weather hasrs cold prompted jetblue to take the step of shutting down flights in and out of new york and boston for the next 17 hours. >> this is adding to problems caused by snow across the country. kendis gibson is at reagan international airport. >> that is exactly right. it is a combination of the snow that has impacted part of the country over the next -- last few days. the cold weather that we are going to have come tomorrow. and actually -- right now. all of that is resulting in some more cancellations that we have seen in months. so many passengers made it to reagan national airport today only to find out they would have to come back another day. >> a 40 below windchill. >> he is trying to return to lima, peru after spending the holidays here. his flight was so delayed and it had a domino effect. >> they change my flight and so now i am playing tomorrow. >> this was her second
janet yellen would be the first woman to lead the fed and its 100 year history. the airline is shutting down servers to four major airports because of the dangers cold temperatures. weather hasrs cold prompted jetblue to take the step of shutting down flights in and out of new york and boston for the next 17 hours. >> this is adding to problems caused by snow across the country. kendis gibson is at reagan international airport. >> that is exactly right. it is a combination of the...
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we expect janet yellen will be confirmed but what you want to watch for here are the no votes for janet yellen, because we could be on the verge of a historic total of no votes. i went ahead earlier today and put together a graph of every single vote for a federal reserve chairman over the course of the past 20 years or so. let me give you just one little slice of it. look at paul voelker's no-votes in 1983 in the teeth of a very tough recession, high interest rates. he got 16 no votes. ben bernanke back in 2010, last time around, got 30 no votes and we expect that janet yellen could hit that threshold or beat it and have the highest level of no votes ever, possibly, this evening. that's going to be some little bit of drama to watch for. but the overall drama, not so much. we expect janet yellen will be confirmed. >> thank you very much. >>> still ahead, a market discussion that would make charles dickens proud. we tasked two of our greatest market minds to come up with their great expectations. i promise no oliver twists in this discussion. >>> the sharks are coming to cnbc. we will sp
we expect janet yellen will be confirmed but what you want to watch for here are the no votes for janet yellen, because we could be on the verge of a historic total of no votes. i went ahead earlier today and put together a graph of every single vote for a federal reserve chairman over the course of the past 20 years or so. let me give you just one little slice of it. look at paul voelker's no-votes in 1983 in the teeth of a very tough recession, high interest rates. he got 16 no votes. ben...
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i hope that we will confirm janet yellen later today. i come to the floor for a few minutes to do as i have done most weeks since the failure of this senate to pass commonsense gun legislation in the spring of 2013 to talk about the number of americans who have lost their lives due to gun violence. that number stands today at 12,041. 12,000 people have died at the hands of gun violence since december 14, which, of course, is the day in which 206th 7-year-olds lost their lives in newtown connecticut and the professionals who were protecting them. this is probably the last time, madam president, that we will have the chance to display this particular number because the web site that has been totaling this is going to stop doing so. and it's probably a good thing in this respect. once that one became a crooked number we weren't going to have any room on this poster any longer. at some point in the middle of next year, the one two click up to a two. we would be over 20,000 people killed due to guns. frankly, madam president this doesn't even
i hope that we will confirm janet yellen later today. i come to the floor for a few minutes to do as i have done most weeks since the failure of this senate to pass commonsense gun legislation in the spring of 2013 to talk about the number of americans who have lost their lives due to gun violence. that number stands today at 12,041. 12,000 people have died at the hands of gun violence since december 14, which, of course, is the day in which 206th 7-year-olds lost their lives in newtown...
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janet yellen one step away from becoming the next fed chair. she will be the first woman to lead the central bank. we discuss what this will mean for the global economy. largest e-commerce retailer is progressing to be the next amazon.com. and my producers will try to
janet yellen one step away from becoming the next fed chair. she will be the first woman to lead the central bank. we discuss what this will mean for the global economy. largest e-commerce retailer is progressing to be the next amazon.com. and my producers will try to
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janet yellen, february 1, the next federal reserve chairman. >> it is official. ask for bringing us that update. now to another story we're following. tim cook and apple are taking steps to diversify the board. apple has one woman board member and one incoming woman in the top executive ranks. she is the former ceo of burberry and she will be coming into lead retail. -- under been a under a lot of pressure to bring diversity to its board and has added some language to its governing board charter that they will be voting on next month. for more on this and want to inng in -- i want to bring our guests. facebook and twitter have dealt with board issues in the past. what exactly does this mean? i have the language here. the nominating committee is committed to actively seeking out highly qualified women and individuals from minority groups to include in the hole from which board nominees are chosen. should they not be doing that anyway? >> this is something that has been in their proxy statement for a while but they are adding it to the committee charter and doing t
janet yellen, february 1, the next federal reserve chairman. >> it is official. ask for bringing us that update. now to another story we're following. tim cook and apple are taking steps to diversify the board. apple has one woman board member and one incoming woman in the top executive ranks. she is the former ceo of burberry and she will be coming into lead retail. -- under been a under a lot of pressure to bring diversity to its board and has added some language to its governing board...
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if approved janet yellen would be the first woman to head the federal reserve. ,,,,,,,,,,,,,,,, ♪[ music ] >>> in just a few hours, lawmakers are expected to vote on president obama's nomination of janet yellen to take over as chair of the federal reserve. if confirmed, she would become the first woman to lead the 100- year-old bank. currently the fed's vice chair. she taught economics at cal berkely. >>> liz cheney dropping out of wyoming's u.s. senate race, today the eldest daughter of dick cheney says quote, serious health issues have recently arosen in our family. many questioned her wyoming roots, since she grew up in virginia. >>> deadlines are extended for anyone who got coverage through covered california. the new deadline to pay is january 15. as long as you pay by then, you are covered all month. the extense was granted after people reported problems getting invoices. >>> the supreme court is putting same-sex marriage in utah on hold. an emergency appealed by the state. on december 20, the u.s. district ruled the state's ban on gay marriage, violates gay and lesbian couples' co
if approved janet yellen would be the first woman to head the federal reserve. ,,,,,,,,,,,,,,,, ♪[ music ] >>> in just a few hours, lawmakers are expected to vote on president obama's nomination of janet yellen to take over as chair of the federal reserve. if confirmed, she would become the first woman to lead the 100- year-old bank. currently the fed's vice chair. she taught economics at cal berkely. >>> liz cheney dropping out of wyoming's u.s. senate race, today the...
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janet yellen has been selected to replace ben bernanke as the head of the federal reserve? >> she's the first woman to get the job and first democrat since paul volcker. i expected ben bernanke would get to the end of the term, and they would start this tapering. ben bernanke started the tapering. it means our interest rates are probably going to start to get a little bit higher over the course of the next year. >> can't wait to see your program. ally ali is back. top of the hour. >>> the national weather service is warning about potentially deadly cold temperatures. coming up, we look at what the cold can do to a person. it's not pretty. >>> also, hundreds of thousands of americans who lost their unemployment benefits could get a bit of help if congress can find some common ground. >>> welcome back to "al jazeera america." i'm tony harris. here's a look at your top stories. ira iraq's prime minister called residents of fallujah to drive out what he calls terrorists. rebels from a group called islamic state of iraq are battling government forces to control the cities of ram
janet yellen has been selected to replace ben bernanke as the head of the federal reserve? >> she's the first woman to get the job and first democrat since paul volcker. i expected ben bernanke would get to the end of the term, and they would start this tapering. ben bernanke started the tapering. it means our interest rates are probably going to start to get a little bit higher over the course of the next year. >> can't wait to see your program. ally ali is back. top of the hour....
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. >>> the senate is also expected to approve janet yellen to become the next leader of the federal reserve and one of the most powerful people in the world. the vote later today is all but assured, yellen set to become the first female chair of the nation's central bank, replacing ben bernanke, who's stepping down after two terms. yellen has the tough job of unwinding of the fed's stimulus programs. >>> it was another deadly weekend in iraq, where at least 18 people were killed in car bombings on sunday. hundreds have now died in fighting since january 1st as militants affiliated with al qaeda battled government troops in the anbar province. but secretary of state john kerry on a trip to the region says that u.s. forces will not be going back to iraq. he pledged continued support for the maliki government there. as for the main goal of secretary kerry's trip to the mideast, he is reporting possible progress in negotiations over peace between the israelis and the palestinians. he spent the last three days trying to find common ground, saying the path is now clearer but nothing is done yet.
. >>> the senate is also expected to approve janet yellen to become the next leader of the federal reserve and one of the most powerful people in the world. the vote later today is all but assured, yellen set to become the first female chair of the nation's central bank, replacing ben bernanke, who's stepping down after two terms. yellen has the tough job of unwinding of the fed's stimulus programs. >>> it was another deadly weekend in iraq, where at least 18 people were...
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janet yellen not a big market effect right now. while janet yellen comes from the same institution and same board that bernanke is on, she served as his vice chair for quite a while now. it's a different fed. the fed is on the process of removing accommodation right now in terms of extraordinary quantitative easing or bond buying program to keep interest rates low and next step for the fed is going to be winding that down and going back to a more normal regime. another thing different for janet yellen is fed in post-financial crisis era is more of a financial bank regulator. before it was all monitor policy with a little bit of regulation and now the fed is trying to be equal parts regulator and policy maker. >> i know you were tweeting on ben bernanke's final speech expected to be his final speech as chair in philadelphia. so you spent a weekend now last couple of days with all of the economic minds of the country who are all gathered there for their annual meetings. what is the projection looking forward for how the economy is go
janet yellen not a big market effect right now. while janet yellen comes from the same institution and same board that bernanke is on, she served as his vice chair for quite a while now. it's a different fed. the fed is on the process of removing accommodation right now in terms of extraordinary quantitative easing or bond buying program to keep interest rates low and next step for the fed is going to be winding that down and going back to a more normal regime. another thing different for janet...
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the senate is poised to confirm janet yellen as the next fed chairman or chairwoman. they vote this evening. yellen who has been vice chair since 2010 would be the first woman to lead the central bank and replace ben bernanke who is stepping down at the end of the month. the latest tech gadget this is week at the consumer electronics show in las vegas. but it's not all about with big tvs and tiny phones. health care companies will show how important technology has become to their products. internet firms will be featured prominently with speeches by ceos. >> thanks so much. >> let's check the forecast now, you can't feel guilty about this good weather. you can't. i keep telling myself. >> no? >> let's not. >> got a clear conscience? >> no, i don't. >> you know, you're right though. it's really, really hard. you're looking at what's happening in the midwest, the east coast, talking about temperatures even down in the deep south, new orleans for example, in the 30s for today as a high. it's going to be cold across the nation. for us we're talking about a climb out of th
the senate is poised to confirm janet yellen as the next fed chairman or chairwoman. they vote this evening. yellen who has been vice chair since 2010 would be the first woman to lead the central bank and replace ben bernanke who is stepping down at the end of the month. the latest tech gadget this is week at the consumer electronics show in las vegas. but it's not all about with big tvs and tiny phones. health care companies will show how important technology has become to their products....
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janet yellen set to become the new fed chairman in minutes. the senate votes at 5:30 p.m. our next guest says he is voting no and is coming on and telling us why. >>> your trip to the supermarket will never be the same again. brands and sensors know which aisle you're in and which can of beans you're looking for. i don't know about this. is this pro-consumer? sounds creepy. we'll be right back. it's just that i'm thaworrieabout, you know,s. "hidden things." ok, why's that? well uhhh... surum...!!! we, i's true. at ally there are no hidn fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally. tre's nothing like being your own boss! and my custome are reall liking your flat rate shipping. fedex one rate. really mas my life easier. mayba promion isn order. good news. i got a new title. and a rae? nagement couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of f. smoke? nah,i'm good. [ male announcer ] celebrate every win with nicoderm cq, the unique patch with time relea
janet yellen set to become the new fed chairman in minutes. the senate votes at 5:30 p.m. our next guest says he is voting no and is coming on and telling us why. >>> your trip to the supermarket will never be the same again. brands and sensors know which aisle you're in and which can of beans you're looking for. i don't know about this. is this pro-consumer? sounds creepy. we'll be right back. it's just that i'm thaworrieabout, you know,s. "hidden things." ok, why's that?...
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janet yellen today. can you belong on the markets? >> you can belong on the bond markets. >> prices up yields down. >> when you remove excess liquidity and remove the huge -- what is the word -- distortions in the market. >> a thank you note from bill gross. >> hi, bill. >> more money into his find. >> you're going to see interest rates adjust to the level they should be. >> dan alpert. congratulations, your book, congratulations, it jumped right out. >> i appreciate that. >> we look for the movie. memorial day 2017. time for the agenda. we look at the stories shaping the day. my agenda -- >> jobless benefits. about itcook talking earlier. christina, you nailed of this on wages. jobless benefits for the terminally unemployed or the employee looking for wage gains. i don't see any other topic. it will affect every conversation. republicans to fight this. they want to pay for it but they cannot stop this from happening. there will be an extension. >> there has to be or that will be very depressive to wages. if people show up looking for
janet yellen today. can you belong on the markets? >> you can belong on the bond markets. >> prices up yields down. >> when you remove excess liquidity and remove the huge -- what is the word -- distortions in the market. >> a thank you note from bill gross. >> hi, bill. >> more money into his find. >> you're going to see interest rates adjust to the level they should be. >> dan alpert. congratulations, your book, congratulations, it jumped right...
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we're live at the scene. >> the senate is expected to vote on janet yellen today. a possible snap chat boycott. we'll look in business. >> and get ready, it's going to feel like winter around here. good monday morning to you. thank you for waking up with us. i can't wait to tell you about our changing forecast and the potential for showers, actually looking better at this point. we deal tail everything in a few moments. ♪ [ man ] yo buzz! drop that beat! remix! ♪ hey! must be the honey! ♪ ♪ ♪ you got that medley crunch ♪ go! go! buzz! ♪ go! go! go! buzz! ♪ hey! must be the honey! ♪ ♪ clusters, flakes ♪ that medley crunch, crunch! ♪ clusters, flakes ♪ that medley crunch, crunch! go! ♪ ♪ ♪ hey! must be the honey! ♪ ♪ hey! you got that medley crunch ♪ ♪ hey! must be the honey! ♪ >>> an update to breaking news. police are talking to witnesses now following a deadly stabbing in san francisco at market and octavia now a crime scene. investigators try to figure out what led up to the deadly confrontation inside the lobby of a san
we're live at the scene. >> the senate is expected to vote on janet yellen today. a possible snap chat boycott. we'll look in business. >> and get ready, it's going to feel like winter around here. good monday morning to you. thank you for waking up with us. i can't wait to tell you about our changing forecast and the potential for showers, actually looking better at this point. we deal tail everything in a few moments. ♪ [ man ] yo buzz! drop that beat! remix! ♪ hey! must be...
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now on monday janet yellen makes history by becoming the first woman to chair the u.s. federal reserve now a senate vote set for five thirty pm in washington d.c. will usher in the sixty seven year old who has served as vice chair of the fed since twenty ten now seceding ben bernanke you whose term ends on january thirty first yellen has been an unwavering advocate of the fed's aggressive steps to boost the u.s. economy by way of quantitative easing now guillen's of main task as chairwoman will be to navigate the central bank away from its current bond buying program now despite yellen why it spread support among economists true means a contentious figure for some in washington there are those who fear her support of burnout he's easy money policy will have a negative long term consequence on the economy. now elsewhere high frequency traders now have a trade group all their own a collection of high frequency trading firms have hired a pair of heavy hitting political strategist told to revamp their image now refuting what they say is the industry's unfair reputation of h
now on monday janet yellen makes history by becoming the first woman to chair the u.s. federal reserve now a senate vote set for five thirty pm in washington d.c. will usher in the sixty seven year old who has served as vice chair of the fed since twenty ten now seceding ben bernanke you whose term ends on january thirty first yellen has been an unwavering advocate of the fed's aggressive steps to boost the u.s. economy by way of quantitative easing now guillen's of main task as chairwoman will...
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. >> the senate banking committee's confirmation hearing of federal reserve chair nominee janet yellen. >> the senate returns today at 2:00 eastern time to continue consideration of a bill that would provide a three month
. >> the senate banking committee's confirmation hearing of federal reserve chair nominee janet yellen. >> the senate returns today at 2:00 eastern time to continue consideration of a bill that would provide a three month
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if janet yellen is confirmed, she faces a major challenge weaning the u.s. economy off so much economic stimulus. let's talk about this and more with gloria borgeer and john king and our digital correspondent kelly wallace. gloria, as we await the senate confirmation of janet yellen i think she will be confirmed, she needs just a majority confirmation. ha would make her one of the most powerful women not only in the united states, but around the world. >> powerful woman. and i think that's very important not because she's going to be a different kind of a chairman of the fed, but because she's going to be an important role model for women. economics is a field in which there aren't as many women as some would like. only a third of new economic ph.d.s are women. so when you see more women in this kind of a role in central banking, and she'll be very visible and she'll be speaking a lot publically, it will be a good thing. >> she's going to be a powerful force, if you take a look at the impact that a federal reserve chair could have. >> and consider the moment
if janet yellen is confirmed, she faces a major challenge weaning the u.s. economy off so much economic stimulus. let's talk about this and more with gloria borgeer and john king and our digital correspondent kelly wallace. gloria, as we await the senate confirmation of janet yellen i think she will be confirmed, she needs just a majority confirmation. ha would make her one of the most powerful women not only in the united states, but around the world. >> powerful woman. and i think...
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. >> the senate banking committee's confirmation hearing of federal reserve chair nominee janet yellen. >> the senate returns today at 2:00 eastern time to continue consideration of a bill that would provide a three month extension of unemployment insurance for over one million americans whose benefits expired late last month. later in the day, senators will continue debate on the nomination of janet yellen to be the federal reserve chair, and they'll hold a vote at 5:30. a simple majority is needed for her confirmation. live coverage of the senate here on c-span2. and over in the house, members return tomorrow at 2:00 eastern for a pro forma session, no legislative business is scheduled, but the chamber will recess until 6:30 and then hold a vote to establish a quorum known as a call of the house to mark the start of the second session of the 113th congress. later in the week members plan to vote on bills related to the federal health care law including one to protect personal information used on the web site, healthcare.gov. live coverage of the house over on c-span. >> c-span, creat
. >> the senate banking committee's confirmation hearing of federal reserve chair nominee janet yellen. >> the senate returns today at 2:00 eastern time to continue consideration of a bill that would provide a three month extension of unemployment insurance for over one million americans whose benefits expired late last month. later in the day, senators will continue debate on the nomination of janet yellen to be the federal reserve chair, and they'll hold a vote at 5:30. a simple...
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eastern on c-span2. >> last november federal reserve chair nominating janet yellen appear before the senate banking committee. during the nearly two and half hour confirmation hearing, she defended the fed monetary policies to sting like the economy including its bond buying program known as quantitative easing. later today the full senate is expected to confirm her to succeed ben bernanke this term expires on january 31. janet yellen has been the federal reserve's vice chair since 2010 and will become the first woman to head the u.s. central bank. bank.. [inaudible conversations] [inaudible conversations] [inaudible conversations] >> i call this hearing to order. today we consider the nomination of the honorable janet yellen to be chair of the board of governors of the federal reserve system for a term of four years. dr. yellen is an extraordinary candidate to lead the federal reserve. she currently serves as a member and vice chair of the board of governors. she previously served as a member of the board of governors in the 1990s. a she was the chair of president clinton's council
eastern on c-span2. >> last november federal reserve chair nominating janet yellen appear before the senate banking committee. during the nearly two and half hour confirmation hearing, she defended the fed monetary policies to sting like the economy including its bond buying program known as quantitative easing. later today the full senate is expected to confirm her to succeed ben bernanke this term expires on january 31. janet yellen has been the federal reserve's vice chair since 2010...
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raise thets plan to federal memo wage and is expected to confirm janet yellen is the next year the federal reserve. much of the country is being swept up by the coldest air we have seen in nearly 20 years. >> these wind chills are in the upper midwest and could drive temperatures down 65 degrees below zero. mary bruce has the latest. >> there is cold and then there's this. chilling, freezing air sweeping across half of the continental u.s.. an arctic blast is plunging temperatures to lows not felt in decades. warnings and advisories are stretching from montana to alabama. and below zero in cleveland 12 below and pittsburgh. it is so cold in chicago, residents are calling their city chiberia. is so coldpolis, it that frostbite can occur in five minutes. many cities are canceling classes. the blinding snow, ice, and freezing rain have made roads treacherous. air paying -- airport runways are also a hazard. spirit airways had a flight slide off the runway. inside airports, stranded passengers are frustrated. airlines are warning it could take days to get people to their final destinations. >>
raise thets plan to federal memo wage and is expected to confirm janet yellen is the next year the federal reserve. much of the country is being swept up by the coldest air we have seen in nearly 20 years. >> these wind chills are in the upper midwest and could drive temperatures down 65 degrees below zero. mary bruce has the latest. >> there is cold and then there's this. chilling, freezing air sweeping across half of the continental u.s.. an arctic blast is plunging temperatures...
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the senate is going to vote on janet yellen's nomination. that's set for 5:30. oh, my god, they are working that late today? she's expected to win confirmation. and treasurecy secretary jack lew is going to visit france, germany and portugal and hold discussions with his counterparts. he's expected to renew pressure on germany to boost domestic demand and embrace a deeper banking union, which a lot of people think would be important. they have -- they are supposedly one place and it's only just -- words are one thing, but they need to have a lot more things to come under one body. >> that was the problem the whole time. you have to be able to take autonomy and make decisions overall, if you can't do that -- >> remember when tim told him what to do. they didn't like that. >> yeah. they do chafe at things like that, but i think we're in a position -- >> it's a lousezy time of year to go over there. >> we're headed to, i do. >> if he's going to ski, that's a different story. >>> we'll talk about technology news, the annual international gadget show is taking place
the senate is going to vote on janet yellen's nomination. that's set for 5:30. oh, my god, they are working that late today? she's expected to win confirmation. and treasurecy secretary jack lew is going to visit france, germany and portugal and hold discussions with his counterparts. he's expected to renew pressure on germany to boost domestic demand and embrace a deeper banking union, which a lot of people think would be important. they have -- they are supposedly one place and it's only just...
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. >>> lawmakers are expected to vote on making janet yellen the new chair of the federal reserve. if confirmed, yellen will become the first woman to leave the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. she will succeed ben number than ceo. his second term ends at the end of the month. during her career, yellen taught exhibition at uc berkeley. >>> president obama is also back to work in washington, d.c. today, returned to the white house with his daughters until yesterday after that two-week vacation in hawaii. the summation said the first lady is staying behind on the islands to celebrate her 50th birthday coming up. the president returns to a long list of to do items, including finalizing the budget. >>> looks like liz cheney is exiting the u.s. senate race in wyoming. the eldest daughter of kick cheney was trying to unseat incumbent senator -- bid was challenged from the beginning. many questioned her wyoming roots as she grew up in virginia. cheney says she's dropping out because of health issues. >>> 5:19 now. mitt romney said it eels time
. >>> lawmakers are expected to vote on making janet yellen the new chair of the federal reserve. if confirmed, yellen will become the first woman to leave the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. she will succeed ben number than ceo. his second term ends at the end of the month. during her career, yellen taught exhibition at uc berkeley. >>> president obama is also back to work in washington, d.c. today, returned to the white house...
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just moments ago, janet yellen, the president's nominee for federal reserve chair, has been confirmed. we don't have the final tally on votes yet, but she has crossed the threshold of the votes needed. janet yellen will be the next federal reserve chair. >>> later this month, during his state of the union address, the president is expected to expand on his earlier comments framing income inequality as a defining challenge of our time. chief white house correspondent ed henry on how the democrats are already gearing up for a year-long effort. >> with president obama back from vacation, income inequality vaulted to the top of his agenda today from the white house. >> we have to make sure that this recovery does leave no one behind. >> to the senate, where top allies like chuck schumer are bluntly declaring a shift from the bumminess of health care to other issues that may help win the 2014 midterms. >> for the first five years of the obama administration, the two issues that dominated were health care and budget deficit. this year, dealing with declining middle class incomes and not eno
just moments ago, janet yellen, the president's nominee for federal reserve chair, has been confirmed. we don't have the final tally on votes yet, but she has crossed the threshold of the votes needed. janet yellen will be the next federal reserve chair. >>> later this month, during his state of the union address, the president is expected to expand on his earlier comments framing income inequality as a defining challenge of our time. chief white house correspondent ed henry on how the...
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also today the senate will vote on the confirmation of janet janet yellen to be the new federal reserve chair. that vote will also take place at about 5:30, and only a simple majority is needed. live coverage of the senate gets underway today at 2 p.m. eastern right here on c-span2. >>> and on capitol hill, top appropriators this the house and senate will meet to work through remaining policy and funding differences in the overall budget proposal reached last month by congressman paul ryan and senator patty murray. congressional action is necessary to avoid a january 15th government shutdown. >> also today on the c-span networks, journalists discuss cybersecurity and cyber warfare issues and their impact on various areas of society including the military, business, politics and families. you'll hear from correspondents and editors from various media outlets including "the new york times," the wall street journal, the u.k.'s "guardian," npr and "foreign policy" magazine. also speaking the co-authors of a book examining how people and governments can protect themselves from cyber attacks.
also today the senate will vote on the confirmation of janet janet yellen to be the new federal reserve chair. that vote will also take place at about 5:30, and only a simple majority is needed. live coverage of the senate gets underway today at 2 p.m. eastern right here on c-span2. >>> and on capitol hill, top appropriators this the house and senate will meet to work through remaining policy and funding differences in the overall budget proposal reached last month by congressman paul...
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one on whether to approve janet yellen as the chairman of the federal reserve. she would be the first woman to hold the position. that vote is set or five: 30 eastern time, about 40 minutes from now. then there will be a second vote on extending unemployment benefits for the long-term unemployed. politico writing that the fate of the bill hung in the balance today as senate democrats desperately sought republican votes ahead of an evening roll call. the senate democrats believe their entire 55 member caucus will support the legislation, -- senate democrats believe that susan collins of maine and lucy makowski of alaska will support the legislation. say that aoes on to handful of census republicans have yet to announce their positions, leaving a possibility that democrats could find the requisite 60 votes. bonus happening in about an hour from now on the senate floor. .ou can see it live on c-span2 of theony was part soviet union until it became an independent country in 1991. ia was part of the soviet union. from the center for strategic and international studie
one on whether to approve janet yellen as the chairman of the federal reserve. she would be the first woman to hold the position. that vote is set or five: 30 eastern time, about 40 minutes from now. then there will be a second vote on extending unemployment benefits for the long-term unemployed. politico writing that the fate of the bill hung in the balance today as senate democrats desperately sought republican votes ahead of an evening roll call. the senate democrats believe their entire 55...
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. >> a vote monday on the nomination of janet yellen. where is her support coming from in the senate? how did the recent rules changes under the so-called nuclear option support this vote? >> yellen does have the support. no doubt about it. for they went on break, a procedural vote, she got 59 votes. that has cleared the way for this final vote. way the nuclear option played into effect. a sickly, she did not need the 60. she needed the majority. this procedural motion is expected to pass. in committee, there is only one democrat who voted no. three republicans voted for her. we may see a mixture of the vote here. most democrats are going to support her. like the house is back with at least one vote on the health care law. how is this different from votes over health care? >> a new year, fighting over the same thing -- obamacare. it is not a repeal we have seen dozens of times from house republicans. this bill would mandate the federal government tell those whose data has been breached there has been a security problem with their persona
. >> a vote monday on the nomination of janet yellen. where is her support coming from in the senate? how did the recent rules changes under the so-called nuclear option support this vote? >> yellen does have the support. no doubt about it. for they went on break, a procedural vote, she got 59 votes. that has cleared the way for this final vote. way the nuclear option played into effect. a sickly, she did not need the 60. she needed the majority. this procedural motion is expected...
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a possible extension of jobless benefits and confirmation of janet yellen as head of the federal reserve. >>> the oldest daughter of former vice president dick cheney stepped down today. she's calling it quits because of health issues in her family. >>> the iraqi military said it is ready to fight to regain control of fallujah from fighters linked to al-qaeda. >>> a woman linged to jihadists is accused of beal involved in a murder plot. she had agreed to kill a swedish artist who had offended muslims. for the latest on any of our stories head over to our website at www.aljazeera.com. inside story is next on al jazeera. >> after threatening to look for greener pastures, bow something staying in washington state to build its dreamliner after tax concessions from the state and concessions from its workers. that's the inside story. ♪ >> hello, i'm ray suarez, for decades boeing in the seattle region have been nearly synonymous. governors have worked hard to make it happy, and elected officials from the state has been supported by them, and the company has maintained it needs more than that
a possible extension of jobless benefits and confirmation of janet yellen as head of the federal reserve. >>> the oldest daughter of former vice president dick cheney stepped down today. she's calling it quits because of health issues in her family. >>> the iraqi military said it is ready to fight to regain control of fallujah from fighters linked to al-qaeda. >>> a woman linged to jihadists is accused of beal involved in a murder plot. she had agreed to kill a...
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the senate expected to vote on the domination of janet yellen as the head of the federal reserve. >> there are rules about rest of airline pilots. it lays out how and when crews unfortunate rest. >> we have more on what this means for pilots and travellers. >> the federal aviation administration requires that before going on duty commercial pilots get at least 10 hours of rest between shift, including 8 hours of unintercepted sleep. in the past pilots could spend the eight hours getting to and from the hotel, showering and eating. under the new rules pilots must have 30 consecutive hours of rest, a 25% increase from previousous regulations and limit the time in the cockpit to eight or nine hour, depending on when the flight begins. the rules come in effect an society. delta airlines started to follow the guidelines on wednesday. the largest poiments union, the airlines pilot association welcomed the regulations explaining they were long overdue, adding they fall short. unfortunately the regulations have a critical shortfall, they exclude cargo airmine pilots. it's clear that they exp
the senate expected to vote on the domination of janet yellen as the head of the federal reserve. >> there are rules about rest of airline pilots. it lays out how and when crews unfortunate rest. >> we have more on what this means for pilots and travellers. >> the federal aviation administration requires that before going on duty commercial pilots get at least 10 hours of rest between shift, including 8 hours of unintercepted sleep. in the past pilots could spend the eight...
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the senate is said to vote on the nomination of janet yellen as the head of the federal reserve. for the first time in 50 years, the rules over pilot rest is changing. pilots are required to get more sleep. they have shortened how long pilots can spend in the cockpit. those are the headlines. "talk to al jazeera," the best of 2013 is next. riveting stories. >> i had many talks with nelson mandela. i never heard him say he was grateful to the united states. >> the only thing i hate about rich people, they work harder than poor people. they don't. >> i'm john siegenthaler. we're highlighting some of our favorite moments since launched. starting with resa asian. >> resa, what is it about jesus, his words and his actions that posed a far greater threat to the roman empire or did it thrn the others w.h.o. climb to be the messiah, who claimed to be the interpreter of cake red text? >> -- sacred text? >> in the first strike three, simply saying the words, i am the messiah, is treason in its context. messiah means the anointed one. he it is his job to are welcome in the god on earth. if
the senate is said to vote on the nomination of janet yellen as the head of the federal reserve. for the first time in 50 years, the rules over pilot rest is changing. pilots are required to get more sleep. they have shortened how long pilots can spend in the cockpit. those are the headlines. "talk to al jazeera," the best of 2013 is next. riveting stories. >> i had many talks with nelson mandela. i never heard him say he was grateful to the united states. >> the only...
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also, look for a confirmation vote for former uc berkeley professor janet yellen to make her the next chairman of the federal reserve. >>> not popular enough? a new trend to gain fans on facebook, well, you can hire a click farm, an ap report has been tracking a growing global marngt place for fake clicks and likes inflating engagement numbers. they are websites selling online engagement hits covering everything from linked in connections to fake twitter followers. the federal trade commission says a number of state attorneys general have targeted face endorsement online but haven't weighed in on the bogus clicks. >> my friends are really friends. still to come at 5:00. ready for a rocket ride? a new milestone for india's space program blasting off today. mom... yes honey? dad told me that cheerios is good for your heart, is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. [ dad ] jan? ♪ >>> india is celebrating the successful launch of a communications satellite today. >> three, two, one, zero. >> liftoff. >> t
also, look for a confirmation vote for former uc berkeley professor janet yellen to make her the next chairman of the federal reserve. >>> not popular enough? a new trend to gain fans on facebook, well, you can hire a click farm, an ap report has been tracking a growing global marngt place for fake clicks and likes inflating engagement numbers. they are websites selling online engagement hits covering everything from linked in connections to fake twitter followers. the federal trade...
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yellen to be the next federal reserve chair. current chief ben number than ceo ends his second term january 31st. in one of his final speeches, number than ceo said he foresees stronger growth this year. he said american's finances have improved, and the out look for home sales is brighter. later in the week, we'll get the minutes from most recent meetings. during the november meeting, the fed decided the economy is strong enough it can begin to slowly taper its program by reducing the amount of bonds the agency buys each month. on wall street, investors will be focused on friday's unemployment report. the economy added 203,000 jobs. on wall street trading is expected to pick up. many traders back from holiday vacation. the dow ended friday's session up nearly 29 points, while the nasdaq fell 11. the government may drinking late genetically engineered crops. the government is considering lifting restrictions to resist a common weed killer. scientists and environmentalists fear it could lead to the use of more chemicals on crops.
yellen to be the next federal reserve chair. current chief ben number than ceo ends his second term january 31st. in one of his final speeches, number than ceo said he foresees stronger growth this year. he said american's finances have improved, and the out look for home sales is brighter. later in the week, we'll get the minutes from most recent meetings. during the november meeting, the fed decided the economy is strong enough it can begin to slowly taper its program by reducing the amount...
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first one is to confirm janet yellen as first female fed reserve chair. that starts in two hours. the next will test waters on reinstating long-term unemployment benefits. if you missed it, they expired more than a week ago for nearly 1.5 million americans. get used to hearing this message against growing inequality a lot heading into november. democrats are making it their midterm rallying cry. president obama is expected to focus on it in this month's state of the union. some republicans fully aware that november is on the doorstep are willing to extend the benefits if they include job creating measures. it's the inequality campaign of 2014 and for that there is no one better to turn to than luke russert. looking mighty tan. >> golf with john boehner. that's how i do it. >> sure you did. >> what are odds here? do we think jobless benefits will come back? >> well, no matter what happened in the united states senate, it faces an uphill battle, that being unemployment insurance in the house of representatives for the reason that conservative groups are scoring this senate vote and
first one is to confirm janet yellen as first female fed reserve chair. that starts in two hours. the next will test waters on reinstating long-term unemployment benefits. if you missed it, they expired more than a week ago for nearly 1.5 million americans. get used to hearing this message against growing inequality a lot heading into november. democrats are making it their midterm rallying cry. president obama is expected to focus on it in this month's state of the union. some republicans...
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>> reporter: the tomorrow one is getting janet yellen the federal reserve chairman. this is one that did not get dealt with over the holiday. and watch for the senate to work through that confirmation today. the weather could play a role in this. they to get enough members back here in washington working and voting that they can move for these votes today. >> libby casey joining us live from capitol hill. thank you very much. >>> as you heard libby say our other top story is that extrem extremely dangerous weather spreading across the country. dave warren joins us with more on that biting cold. >> meteorologist: yes, biting cold out there, and we're calling this polar vortex because it is poler air, air that you would find over the north pole, and sometimes the weather pattern allows this cold air to come down across the country here. that's what we're seeing now. it spins an area of low pressure. there is the polar air. it's up over the north poll, it comes all the way down and continues to spin. it remains fairly stationary. it's bitter cold air and that comes with
>> reporter: the tomorrow one is getting janet yellen the federal reserve chairman. this is one that did not get dealt with over the holiday. and watch for the senate to work through that confirmation today. the weather could play a role in this. they to get enough members back here in washington working and voting that they can move for these votes today. >> libby casey joining us live from capitol hill. thank you very much. >>> as you heard libby say our other top story...
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on a day when we're going to get confirmation of maryland yellen at -- janet yellen, her role with the central bank of this country is crucial to the future of the dollar. are you bearish? >> we are bearish. i think it's frustrating for investors to see the economy performing well and not to see the currency performing well. and really since we went to zero interest rates back in late 2008, that's the way it's been. the stock market and the dollar have gone in different directions, been negatively correlated as statisticians say. and the reason being is that when times are good or confidence strong, investors will borrow on u.s. dollars or yen in some cases, and they'll invest in offshore higher yielding assets. cheryl: and that's what overwatching as well. i mean, it really is the relationship in your mind between the dollar and the yen right now. i mean, that carry trade is what's crucial to you. but you're bearish about this trade. >> i am bearish. and the yen will fall at a faster pace than the dollar in 2014. this is going to be a good year for the u.s. economy and for the japanes
on a day when we're going to get confirmation of maryland yellen at -- janet yellen, her role with the central bank of this country is crucial to the future of the dollar. are you bearish? >> we are bearish. i think it's frustrating for investors to see the economy performing well and not to see the currency performing well. and really since we went to zero interest rates back in late 2008, that's the way it's been. the stock market and the dollar have gone in different directions, been...
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janet yellen will begin her four year term on february 1st. change in schedule, after the vote on janet yellen senators decided to postpone vote on extending unemployment benefits until tomorrow morning. republican senator john cornyn asked for the change so more senators can be present for the vote. today is the first day of the 2014 session after two week winter break. al qaeda fighters last week seized control the city of fallujah. today in washington, state department spokeswoman -- she reiterated comments from secretary of state john kerry that the u.s. will not send military forces back into iraq. >> the situation in iraq is completely out of control. there was talk that the u.s. may be preventing drones. the iraqi with drones without getting the al qaeda -- could you comment on those? >> let me give you a quick updates on iraq. it will answer some of your questions. we're continuing to follow of events in anbar very closely. we would note that a number of tribal leaders in iraq have declared open revolt against isil. they have had some
janet yellen will begin her four year term on february 1st. change in schedule, after the vote on janet yellen senators decided to postpone vote on extending unemployment benefits until tomorrow morning. republican senator john cornyn asked for the change so more senators can be present for the vote. today is the first day of the 2014 session after two week winter break. al qaeda fighters last week seized control the city of fallujah. today in washington, state department spokeswoman -- she...
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today the senate is scheduled to vote on janet yellen's nomination for head of the federal reserve. there's also the $500 billion farm bill and cutting the food stamps. there's more on immigration reform. as you mentioned, this is an election year. all 435 house seats and 35 senate seats are going to be on the ballot, elections that could preclude much progress being made. anne-marie? >> like we need something else. >>> well, coming up on the "mornin news." towering inferno. here in new york city, a victim's fatal mistake as he tried to escape the flames. this is the "cbs morning news." to help you avoid surprises with your credit. good. i hate surprises. surprise! at discover, we treat you like you'd treat you. get the it card and see your fico® credit score. so we made our own commercial to tell you why. chex makes seven gluten free flavors. like cinnamon, honey nut, and chocolate. when you find something this good, you want to spread the word. [ all ] we love chex! you would need like a bunch of those to clean this mess. [ counselor ] you're probably right. hi. cascade kitchen c
today the senate is scheduled to vote on janet yellen's nomination for head of the federal reserve. there's also the $500 billion farm bill and cutting the food stamps. there's more on immigration reform. as you mentioned, this is an election year. all 435 house seats and 35 senate seats are going to be on the ballot, elections that could preclude much progress being made. anne-marie? >> like we need something else. >>> well, coming up on the "mornin news." towering...
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. >> just a few hours, janet yellen should be the new head of the fed. >> she will be the first woman to ever hold this position, right? >> yeah, that's right. the senate scheduled to vote on the nomination of dr. yellen at 2:30 our time this afternoon. almost certainly will approve her as well. yellen, a former business professor at the high school of business at cal-berkley. she's currently second in command at the fed behind ben bernanke. >>> other news, "the wall street journal's" farhad calling for a boycott of snap chat. it lost millions of personal records in a hack attack thanks to a vulnerability they were warned about. the newspaper columnist suggests a temporary boycott would show snap chat people don't tolerate companies being casual with our da data. people say they're worried about our privacy, but it's rare to see them get all that upset or take action and that's what he wants people to do this morning. back to you. >>> let's check in on our forecast. in terms of how it's looking across the country and where we are, christina is giving us the update. we are definitely w
. >> just a few hours, janet yellen should be the new head of the fed. >> she will be the first woman to ever hold this position, right? >> yeah, that's right. the senate scheduled to vote on the nomination of dr. yellen at 2:30 our time this afternoon. almost certainly will approve her as well. yellen, a former business professor at the high school of business at cal-berkley. she's currently second in command at the fed behind ben bernanke. >>> other news, "the...
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that's president obama's 401-k lead the federal reserve janet yellen. carol it's not exactly clear wornt democrats have the votes on those unemployment benefits. they need about a handful republicans to join them. not clear if they will get them. >> jim acosta reporting from the white house this morning. still to come in the "newsroom" think twice before you light up. colorado's new marijuana law could cost you. cnn's chief business correspondent christine romans has more. >> reporter: i'll tell you why after the break if you legally smoke marijuana in colorado you can be fired from your job even if you're smoking on your own premises on your own time. >>> colorado's new marijuana law means you can legally buy and sell pot, can you even grow pot in your own home. that doesn't mean you get a free pass if your boss catches you smoking both on your off time. according to state laws employers can still impose their own anti-drug policies and that means your job could go up in smoke if you're caught getting high. let's bring in cnn chief business corresponde
that's president obama's 401-k lead the federal reserve janet yellen. carol it's not exactly clear wornt democrats have the votes on those unemployment benefits. they need about a handful republicans to join them. not clear if they will get them. >> jim acosta reporting from the white house this morning. still to come in the "newsroom" think twice before you light up. colorado's new marijuana law could cost you. cnn's chief business correspondent christine romans has more....
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the senate has confirmed janet yellen as the new federal reserve chair, making her the nation's top banker. and the first woman ever to hold the post. she takes over from ben bernanke on february 1st. >>> and we know, tonight is a big night for football fans. the national championship between florida state and auburn. and abc's josh elliott is there with someone in the stands. and the football player who made her wish come true. >> reporter: diane, good evening from the rose bowl here in pasadena, california, where college football will crown a national champion before almost 20 million american viewers. but there is one story behind this game you should know. just getting here, is a huge accomplishment. an no one understands that better than florida state offensive lineman, michael scheerhorn and 12-year-old jayden dispala. >> she couldn't go to her middle school dance because she was sick. >> reporter: jayden's been battling a rare form of cancer. a struggle scheerhorn knows all too well. his own brother, diagnosed at a young age, now, in remission. >> there's people that weren't as fort
the senate has confirmed janet yellen as the new federal reserve chair, making her the nation's top banker. and the first woman ever to hold the post. she takes over from ben bernanke on february 1st. >>> and we know, tonight is a big night for football fans. the national championship between florida state and auburn. and abc's josh elliott is there with someone in the stands. and the football player who made her wish come true. >> reporter: diane, good evening from the rose bowl...
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senators voting on whether to confirm janet yellen as head of the federal reserve. if that happens, she would become the first woman ever to lead the fed. she would succeed ben bernanke. his term ends at the end of this month. >>> you will want it pay attention to what happens in the senate today if you've been out of work for several months. senators will hold a test vote on a bill to extend long-term unemployment benefits. it would extend benefits for three months and find ways to pay for that later. the measure may have a hard time passing in the house, though, even if the senate approves it. >>> this morning, investigators trying to determine what caused a fire that critically injured one person in virginia. this is cell phone video. investigators say home oxygen tank may have helped spread the fire. it broke out yesterday morning at a building on south green greenbri greenbriar. people were rescued from their balconies. >>> officials trying to figure out what started a fire on the private grounds of a school in fairfax county. you see smoke coming from the gara
senators voting on whether to confirm janet yellen as head of the federal reserve. if that happens, she would become the first woman ever to lead the fed. she would succeed ben bernanke. his term ends at the end of this month. >>> you will want it pay attention to what happens in the senate today if you've been out of work for several months. senators will hold a test vote on a bill to extend long-term unemployment benefits. it would extend benefits for three months and find ways to...
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the senate is scheduled to vote on janet yellen's nomination to lead the federal reserve. she is expected to succeed ben bernanke as chief of the central bank. jaki mcmath who was declared brain dead is out of a california hospital and still on a ventilator. her family said it will try to bring her to a place for rehabilitation. >>> it is sentencing day for jihad jane, colleen rose of pennsylvania facing a possible life sentence for her role in a global terror plot to murder a swedish artist whose drawings outraged muslims. >>> pope francis celebrating epiphany. he announced he'll travel to the holy land in may. kate, over to you. >>> also new this morning, investigators are looking into that deadly fire in a manhattan high rise that happened sunday. one person was killed as more than a 100 firefighters worked to try to extinguish the flames. the video is terrifying. we're also hearing remarkable tales of survival. one family walked down more like ran down 40 flights of stairs through smoke filled air to reach the ground and safety. john, maria are here with me as well as
the senate is scheduled to vote on janet yellen's nomination to lead the federal reserve. she is expected to succeed ben bernanke as chief of the central bank. jaki mcmath who was declared brain dead is out of a california hospital and still on a ventilator. her family said it will try to bring her to a place for rehabilitation. >>> it is sentencing day for jihad jane, colleen rose of pennsylvania facing a possible life sentence for her role in a global terror plot to murder a swedish...
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first up we're kicking off a year and a historic way for women talking about janet yellen sped had confirmation taking place today we'll tell you all about it coming right up also the wall street washington world valving doris didn't like a roulette wheel and it looks like the carlyle group is cleaning up thanks there new acquisition i'll tell you who's going to wear later on in the show and you have a judge a book by its cover or maybe a company's stock by the pretty face of its c.e.o. well apparently having a good look at the helm is also good for business but dumpers is the not discuss this.
first up we're kicking off a year and a historic way for women talking about janet yellen sped had confirmation taking place today we'll tell you all about it coming right up also the wall street washington world valving doris didn't like a roulette wheel and it looks like the carlyle group is cleaning up thanks there new acquisition i'll tell you who's going to wear later on in the show and you have a judge a book by its cover or maybe a company's stock by the pretty face of its c.e.o. well...